Investing.com – Philippines equities were higher at the close on Friday, as gains in the Services, Industrials and Banking & Financials sectors propelled shares higher.
At the close in Philippines, the PSEi Composite rose 0.01%.
The biggest gainers of the session on the PSEi Composite were LT Group Inc (PS:LTG), which rose 4.57% or 0.580 points to trade at 13.260 at the close. PLDT Inc (PS:TEL) added 2.33% or 34.00 points to end at 1495.00 and Metropolitan Bank and Trust Co (PS:MBT) was up 1.99% or 1.55 points to 79.25 in late trade.
Biggest losers included Petron Corp (PS:PCOR), which lost 2.69% or 0.260 points to trade at 9.420 in late trade. Ayala Land Inc (PS:ALI) declined 1.53% or 0.550 points to end at 35.350 and Semirara Mining Corp (PS:SCC) shed 1.44% or 2.0000 points to 136.6000.
Declining stocks outnumbered rising ones by 91 to 82 and 62 ended unchanged on the Philippines Stock Exchange.
In commodities trading, Gold for February delivery was down 0.56% or 6.65 to $1183.15 a troy ounce. Meanwhile, Crude oil for delivery in March fell 0.15% or 0.08 to hit $53.70 a barrel, while the March Brent oil contract fell 0.37% or 0.21 to trade at $56.03 a barrel.
CNY/PHP was up 0.04% to 7.2417, while USD/PHP rose 0.04% to 49.820.
The US Dollar Index was up 0.17% at 100.69.